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A sells a cycle to B at a loss of 20% and B sells it to C at a profit of 37.5%. If A sells the cycle at a price of which C purchased it, find the loss or profit percentage for A.1. 10% loss2. 37.5% profit3. 10% profit4. 9.09% profit |
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Answer» Correct Answer - Option 3 : 10% profit Given: A sells a cycle to B at a loss of 20% and B sells it to C at a profit of 37.5%. Formula Used: Profit% = Profit/CP × 100 Loss% = Loss/CP × 100 Calculation: Let the Cost Price of the cycle is Rs.100 for A A sells to B at 20% loss, it means SP of A = CP of B = Rs. (100 × 80/100) = Rs. 80 B sells to C at 37.5% profit SP of B = CP of C = Rs. (80 × 137.5/100) = Rs. 110 If A sells at a price of 110, then it will gain Rs. 10 Profit percentage = Profit/CP × 100 Profit percentage = 10/100 × 100 = 10% ∴ Profit percentage for A is 10% |
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